My Favorite Bank, Reasons to Forget Apple & More Random Thoughts

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Despite my relative avoidance of banks, would you be just a little curious what my favorite financial company is? I go into some detail about my favorite bank here.

In another article late last week I gave some reason to forget about high-flying Apple and focus on a few of their component suppliers instead which should give you a greater chance at price appreciation compared to Apple.

Now onto those Random Musings....

Holy cow did you see the UltraChina portfolio over the last two days??? It rose in excess of 200 points yesterday and nearly had a 600 point gain today! Get out your China pom pom's and start cheering because the rally has begun!

Gold & Silver are nearly at a temporary top. Do I know where they are headed 3-6 months from now? Not really, but I feel pretty confident that gold should crap out around $1381 and retrace from there while Silver should retrace to at least $20.80! You'll see a few new CAPS trades lined up to take advantage of a ridiculously overzealous metals market.

Harbin Electric got a bid from it's CEO to take the company private and it may not be a bad idea for shareholders to take the bait. They could be selling themselves cheaply, but electric motors aren't going to be a great long-term investment. They are kicking butt and taking names now but I'm not sure where they'd be 5 years from now.

Lions looked like a real team. I have Jahvid on my fantasy roster, so go Lions!

Since this is the random thoughts area, I was wondering if you had a take on CLCT. They slab collectibles like gold coins; recently made a failed foray into gem grading; have no debt on the sheet and just hiked their dividend (which they cover comfortably with income.) I caught the last little bump but think it might be a small cap for a long run. I know you have some expertise about some of what they do, so I wondered if you had an opinion.

I'm looking at their financials and they look very impressive. And the stock is quite cheap as well, almost trading at tangible book value. Just added this to my to-research list, thanks for the interesting idea.

Collectors Universe is one of those cheap companies on paper, but I believe they deserve to be cheap. I mean it's not like they aren't producing a good profit or paying out a solid dividend, but a lot of their products are extremely "fad-dy". It wouldn't take much for many of their products to essentially die out. I know there's value in their coins but I'm just not sold on the company concept... far too easy for many aspects to get out of favor. Right here its more than fully valued.

> In another article late last week I gave some reason to forget about high-flying Apple

I don't think ican take anymore hearing how wonderful Apple is. I think it is mentioned on CNBC every 20 min, at least. I probably listen to them only 30 min a day and I get my daily dose of Apple.There seems to be just too much excitemnt over Apple.

it is probably going to end upas Google - boring "value" stock a couple years from now.